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X @Bloomberg
Bloomberg· 2026-02-11 13:45
RT Bloomberg Opinion (@opinion)@AllisonSchrager @DataTrekMB @JonathanJLevin “If this keeps up, we could see a lot of inflation later this year,” @AllisonSchrager says. “That’s gonna put [Kevin Warsh] in a political bind because he took on this job promising to cut rates.”Tune in here: https://t.co/B7IKkJddbd ...
X @BSCN
BSCN· 2026-02-11 11:27
🚨JUST IN: "I THINK GOLD IS GOING TO UNDERPERFORM BITCOIN" IN 2026Tom Lee @fundstrat, speaking at Consensus in Hong Kong, said that..."If you ask me in 2026, I think Gold is gonna underperform Bitcoin".Lee explained that, in the last 50 years, Gold has underperformed inflation 48% of the time.Since $BTC's creation, it has only underperformed inflation for 3% of the time. ...
X @Bloomberg
Bloomberg· 2026-02-11 02:52
Australia’s central bank Deputy Governor Andrew Hauser warned that inflation is still “too high” and remains a significant challenge for the interest-rate setting board, which can’t allow it to go on much longer https://t.co/wI1buy3Gdd ...
Why this strategist still thinks there will be 4 Fed rate cuts in 2026
Yahoo Finance· 2026-02-11 00:01
Let's start with the these Fed officials chiming in because this was interesting Danielle. This made headlines. You got Beth Hammock saying rates could be on hold for quite some time and then you had Lorie Logan echoing that saying current policy stance appropriate she says. I mean what did you make of that Danielle? That does not sound like two Fed officials who are you know jumping here itching to to cut rates because of this labor market. >> Uh it certainly does not. Um, and I would venture to say that t ...
X @Bloomberg
Bloomberg· 2026-02-09 21:32
President Trump’s trade wars are contributing to UK inflation as China raises prices on exports to Britain to recover the cost of US tariffs, Bank of England policymaker Catherine Mann said https://t.co/Dkgho0uSdh ...
X @Bloomberg
Bloomberg· 2026-02-09 17:26
The European Central Bank is striving to ensure inflation remains under control as part of efforts to fortify the continent’s economy, President Christine Lagarde said, urging lawmakers to follow through on a list of necessary reforms https://t.co/dV76uUkThv ...
Watch CNBC's full interview with White House National Economic Council Director Kevin Hassett
CNBC Television· 2026-02-09 14:21
President Trump telling NBC News he's proud of the US economy and that 2026 is going to be even better. Joining us right now is White House National Economic Council Director Kevin Hasset. Uh good morning to you.There's been a a long sort of back and forth uh about the state of our economy, about how good it is, but also maybe how bad it is and the bad part being what came before during the Biden administration and whether the president now owns this uh this economy. Does the president now officially own th ...
X @Bloomberg
Bloomberg· 2026-02-09 05:04
Japan's Sanae Takaichi won an emphatic mandate, but @johnauthers writes that she is hindered by bond and currency markets skepticism, and a recurrence of inflation (via @opinion) https://t.co/DdjnMeDge5 ...
Elon Musk warns the U.S. is ‘1,000% going to go bankrupt’ unless AI and robotics save the economy from crushing debt
Yahoo Finance· 2026-02-07 18:48
Core Viewpoint - Elon Musk emphasizes the critical role of AI and robotics in addressing the U.S. national debt crisis, warning that without these technologies, the country faces inevitable financial doom [1][4]. Group 1: U.S. National Debt Concerns - The current U.S. national debt stands at $38.5 trillion, with annual interest payments reaching approximately $1 trillion, surpassing the military budget [2]. - Debt-servicing costs exceed spending on social programs like Medicare, highlighting the financial strain on the government [3]. - Musk predicts that without the transformative impact of AI and robotics, the U.S. is on a path to bankruptcy, stating that these technologies are the only viable solution to the debt crisis [4]. Group 2: Economic Implications of AI and Robotics - Musk argues that the deployment of AI and robotics at a large scale is essential for economic growth and to alleviate the debt burden [4]. - He warns that while increased output from these technologies may lead to deflation, it could worsen the real terms of the debt burden, contrasting with the initial easing effect of inflation [5]. - The U.S. benefits from the dollar being the world's reserve currency, allowing for lower borrowing costs, which provides some financial flexibility [6].
Why 2026 will be 'very volatile' for stocks, DraftKings CEO talks Super Bowl, sports betting outlook
Yahoo Finance· 2026-02-06 22:42
Hello and warm. Welcome to Market Domination Overtime. Stocks ending the week on a high note after a bruising tech selloff this week.The Dow hitting a milestone. And let's kick it over to Yahoo Finances in ESA with the trading action in NNS. 50,000.We did it in the Dow. >> That's right. 50,000 in the Dow up more than two% for today. A record for the Dow.Look, I was on the floor of the stock exchange when we were going to 40,000, now 50,000. I mean, these are coming quicker and quicker, it seems. Over on the ...